Materion Corporation (NYSE:MTRN – Get Free Report) CEO Jugal Vijayvargiya sold 24,336 shares of Materion stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $291.62, for a total value of $7,096,864.32. Following the completion of the transaction, the chief executive officer owned 116,699 shares of the company’s stock, valued at approximately $34,031,762.38. This represents a 17.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Materion Price Performance
NYSE MTRN traded up $0.66 during trading hours on Tuesday, reaching $280.33. The company’s stock had a trading volume of 203,584 shares, compared to its average volume of 289,487. The firm has a market capitalization of $5.84 billion, a price-to-earnings ratio of 65.34 and a beta of 1.07. The company’s 50-day moving average is $251.74 and its two-hundred day moving average is $195.93. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.94 and a quick ratio of 1.29. Materion Corporation has a 1-year low of $104.90 and a 1-year high of $304.58.
Materion (NYSE:MTRN – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.52 by $0.38. The company had revenue of $308.19 million for the quarter, compared to analyst estimates of $549.82 million. Materion had a return on equity of 13.38% and a net margin of 4.29%.Materion’s quarterly revenue was up 42.2% compared to the same quarter last year. During the same period last year, the company earned $1.37 earnings per share. Materion has set its FY 2026 guidance at 6.800-7.200 EPS. On average, equities analysts predict that Materion Corporation will post 7.06 EPS for the current year.
Materion Dividend Announcement
Institutional Investors Weigh In On Materion
Large investors have recently modified their holdings of the business. Harbor Investment Advisory LLC purchased a new position in shares of Materion in the second quarter worth about $32,000. Measured Wealth Private Client Group LLC acquired a new stake in Materion in the 3rd quarter valued at about $35,000. Kestra Advisory Services LLC acquired a new stake in Materion in the 4th quarter valued at about $40,000. EverSource Wealth Advisors LLC lifted its stake in Materion by 182.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 348 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 225 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Materion by 69.8% during the 4th quarter. Hantz Financial Services Inc. now owns 360 shares of the basic materials company’s stock worth $45,000 after purchasing an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 93.56% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on MTRN. Weiss Ratings lowered shares of Materion from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday. Wall Street Zen raised shares of Materion from a “hold” rating to a “buy” rating in a research note on Saturday. KeyCorp lifted their price objective on Materion from $237.00 to $306.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Zacks Research upgraded Materion from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $306.00.
View Our Latest Report on Materion
About Materion
Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.
Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.
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